General Electric (GE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : General Electric (GE)

GE 309.47

-0.4%

11:44 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: CJ Fisher	11/3/2020 1:33:43 AM
	Read Replies (1) of 3256

Hey College Boy, There's a great article that Barron's financial magazine released today entitled: "GE stock price is stuck. Here's what it will take to get it rising again." I'd definitely recommend you check it out. Also, I do agree with you that the DJIA is, in general, overvalued with P/E ratios drifting to within the 25 range (i.e. APPL is at a P/E of 33.16 right now!). In my opinion, I think that some of the greatest value plays for the long-term could be airline stocks (i.e. DAL, SAVE, and AAL) as well as domestic oil stocks (CLR and XOM) that have excellent price-to-book values (and which will most likely rebound in 2021). Wait until the election results for a sell-off and then pile into undervalued securities (my prediction is that the VIX is going to be haywire these next couple of days). Although GE looks like a solid stock, it's P/E and low dividend (compared to, say, an REIT like RWT) make me hesitate to buy. It may be better to search for securities with wider margins of safety and more potential for profit (ex: CUK is at $11.62 right now while it's 52 week high was $49, is this sell off truly warranted?).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next